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Musinsa will host Japanese fashion platform Zozotown’s first pop-up in Korea this month, bringing 15 Japanese brands to Seoul as the partners expand their cross-border business. The event will run from Oct. 16 to 31 at Musinsa Store Seongsu in Seongsu-dong, featuring brands including Beauty&Youth United Arrows, Snidel, Urban Research and WYM LIDNM. Musinsa said it will use the pop-up to assess Korean demand for Japanese labels, linking the physical showcase with online shopping so visitors can b
Woori Bank has arranged a loan of 70 million pounds ($93 million) and a matching interest rate swap for a London-based company, completing its first corporate derivatives deal through its London Trading Center, the lender said Monday. The transaction, signed Sept. 29 in cooperation with Woori’s London branch, allows the borrower to exchange floating-rate interest payments for fixed payments, reducing uncertainty over borrowing costs. Woori hedged the swap directly in the London market through it
Hanmi Pharmaceutical’s Eppe is poised to challenge Wegovy and Mounjaro in Korea’s fast-growing obesity drug market, with price emerging as a potentially decisive advantage. The homegrown glucagon-like peptide-1, or GLP-1, drug is expected to launch before year-end, pending approval from the Ministry of Food and Drug Safety. Hanmi has yet to announce a final price, but industry estimates suggest a four-week supply could cost around 150,000 won ($111). That would undercut the lowest prices listed
North Americans have become the fastest-growing foreign customer base at GS25, the South Korean convenience store chain operated by GS Retail, trailing just behind the dominant customer base of people from Greater China. According to company data released Thursday, sales to North American customers at GS25 stores in Korea jumped 131 percent in the first eight months of the year from a year earlier, the steepest rise among all regional groups. Their share of foreign customer sales hit a record of
CJ CheilJedang’s US sales of Bibigo gimbap jumped 59 percent on-year in the first seven months of 2026, the company said Thursday, as it pushes to make the Korean staple an everyday meal for American consumers. According to CJ, the number of US stores selling its Bibigo gimbap product has surged to 4,734 this year, up 145 percent from 1,924 stores a year earlier. The Bibigo gimbap, which entered Kroger — one of the largest US supermarket chains — in December 2024, has now made its way onto the s
Questions are emerging in South Korea’s financial market about whether Musinsa, the nation’s largest online K-fashion platform by sales, is appropriately valued at 8 trillion to 10 trillion won ($5.9 billion to $7.4 billion) ahead of its initial public offering. Analysts say further earnings growth and financial results will need to be confirmed to justify the valuation. According to financial investment industry sources Friday, the valuation largely reflects Musinsa’s future growth potential an
After a near-sleepless night on Aug. 25, I opened the Oura app to find a sleep score of 36 — a blunt number for a night I already knew had gone badly. I had slept for 2 hours and 7 minutes, with 69 percent sleep efficiency and just 17 minutes of REM sleep. The numbers told me little I did not already feel, but they made the problem harder to brush aside. I wore the gold Oura Ring 5 from Aug. 18 through Friday, a total of 46 days, rarely removing it. It stayed on during commutes, long hours at my
Korean fried chicken chain Kyochon F&B said Friday it has opened a new store in Wuxi, Jiangsu province, as the company steps up its expansion in the Chinese market. According to Kyochon, the newest Chinese foothold offers access to both local residents and visitors in an area where tourism and commercial activity overlap, as Wuxi is frequently visited alongside Shanghai with high-speed rail services connecting the two cities in less than an hour. The 79-square-meter store will present Kyochon Ch
New Olive Young stores are lifting sales at nearby traditional markets and restaurants, according to a study led by Hanbat National University professor Lee Sung-ho. The study found that sales at traditional markets within 1 kilometer of new branches rose 7.9-18.3 percent. Restaurant sales increased 8.8-18.3 percent, while bakeries, coffee shops and fast-food outlets posted gains of 8.3-17.3 percent. The researchers described Olive Young as an anchor retailer that draws shoppers to surrounding b
Samlip is doubling down on bolstering its global businesses, as the Korean bakery and food company has set ambitious goals of reaching 2.11 trillion won ($1.6 billion) in stand-alone revenue and 170 billion won in operating profit with an operating margin of 8 percent by 2030. Samlip's Jeong In-ho, who took office as co-CEO in April this year, underscored the firm's four growth pillars — global expansion, digital commerce, frozen dough and product innovation — while highlighting its commitment t
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Musinsa brings Japanese fashion to Seoul with Zozotown
AmCham chief receives honorary doctorate from Korea Aerospace University
Korea's manufacturing jobs rise for first time in 27 months
Bentley hits the battlegrounds in PUBG's latest update
Samsung's top brass convene in Tokyo as Japan chip ties deepen
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Oct. 2, 2026![[Gadget Review] Oura Ring 5 goes where smartwatches fall short](https://wimg.heraldcorp.com/news/cms/2026/10/02/news-p.v1.20261002.209e134a44854ecbb56832bbc62581d2_T1.png?type=h&h=240)
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